RE: FunInvestor17 Nov 2021 21:52
Do weekends matter?
A 3 day weekend consisting of Friday, Saturday and Sunday represents 42.86% of a 7 day week.
Had a quick look at last 11 weeks as a sample.
Weekend box office as % of relevant week has been as follows: 72.7% , 72.9%, 85.9%, 79.9%, 74.2%, 81.1%, 77.1%, 75.4%, 75.7%, 68.4% (holiday weekend so Monday also higher than norm.), 75%
These are all on American domestic box office numbers. Source Box Office Mojo.
Friday/Saturdays are throughout the year almost without exception the big days.
So with c. 3 X the income of remainder of week coming in the weekends I personally say weekends do matter and when looking in isolation (as some do) at any particular month then off course that individual moth that benefits from 5 weekends will look better than the (still very encouraging) trend.
Looking forward now to next phase for business 2022 year we return to consistent positive cashflow trading.
(Starting early with December being good month)